Forex Report 9th June 2010
Forex Currency: EUR/USD
News: In April, German factory orders unexpectedly increased 2.8%
Comment: Bearish
Open: 1.1964
Current Price: 1.1954
Forex Currency: GBP/USD
News: In May, the British Retail Consortium said U.K. retail sales rose.
Comment: Consolidating
Open 1.4448
Current Price: 1.14450
Forex Currency: USD/JPY
News: A major U.S. bank was subpoenaed after it failed to hand over documents in a timely manner in the financial-crisis investigation.
Comment: Consolidating
Open: 91.53
Current Price: 91.51
Forex Currency: USD/CAD
News: The volatility of CAD is low
Comment: Consolidating
Open: 1.0475
Current Price: 1.0479
Forex Currency: USD/CHF
News: Yesterday, U.S. equities plunged .
Comment: Consolidating
Open: 1.1533
Current Price: 1.1522
Forex Currency: AUD/USD
News: U.S. equities and crude oil prices were suppressed.
Comment: Consolidating
Open: 0.8267
Current Price: 0.8259
Forex Currency: NZD/USD
News: U.S. equities and crude oil prices were suppressed.
Comment: Consolidating
Open: 0.6668
Current Price: 0.6655
Due for release today is the USD Fed Chairman Bernanke Testifies, USD Fed Chairman Bernanke Speaks, NZD Cash Rate, RBNZ Press Conference, RBNZ Rate Statement, NZD RBNZ Gov Bollard Speaks, AUD Employment Change, AUD Unemployment Change and AUD RBA Gov Stevens Speaks.
